Cool Creek Campground Investment Opportunity

Description

This investment boasts a 13% ROI! There are 167 campsites that are all full hookups (water, electric, sewer) which are available from April 1 thru October 13. Of the 167 sites, 142 are rented out yearly. The owners could easily fill the remaining spots but simply don’t want to after 32 years of ownership. Believe it or not, they have had some campers there for the entire 32 years. The sellers live adjacent to the campground and aren’t going anywhere and have agreed to “show the ropes” to the buyer of this campground for the first year. Things like…where the water lines are, winterizing the trailers, winter storage of the golf carts, etc. and I think that is one of the most appealing benefits. Two main water lines come into the campground from Highway 160 to supply the water. There is a creek flowing through the campground that has 2 walking bridges across it for campers wanting to walk or hike or perhaps fish one of the nine ponds and lakes, one which is almost 7 acres and loaded with crappie and bluegill. The 7-acre lake is approximately 11’ deep and the other lakes have all been dug out and are approximately 18’ deep. There is a 1,200 sq ft family lodge with a kitchen, den, fireplace, and two other rooms. There are several pieces of equipment to maintain the grounds included in the sale (details below). The mature timber on the north end of the property would make beautiful additional sites if someone wanted to make even more campsites. Although this setting is in the country and very peaceful, it is located just north of Highland only 40 minutes from downtown STL. Additional information regarding the financials of the campground is available upon request from qualified buyers. Give me a call today for more info or to schedule a private showing.

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (Whitetail Properties) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given us. All property is subject to change, withdrawal, or prior sale. Buyers' agent must be identified on first contact with Broker and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of Whitetail Properties.